The winner of the 2012 Twenty-20 World Cup in Sri Lanka will pick up $ 1,000,000 (one million dollars- about Rs 94,540,000) while the runners-up will be comforted by receiving a cheque for $ 500,000 (about Rs 47,270,000).
Indian team received $ 3,250,000 (3.25 million dollars- about Rs 307, 255,000) while the runners-up Sri Lanka got a cheque for $ 1,500,000 (about Rs 141,810,000) in the 50-50 World Cup last year in India
The total prize money up for grabs in the 2012 Twenty-20 World Cup has been almost $ 2.75 million dollars (about Rs 259,985,000).
The losing semi finallists in this World Cup will get $ 250,000 each (about Rs 23,635,000 each). The winner of each match in Super Eights will receive $ 42,000 (about Rs 3,970,680) while winner of each match in Group stage will get $20,500 (about Rs 1,938,070).
The winner of the women’s Twenty-20 World Cup will pick up $60,000 (about Rs 5,672,400) while runner-up will be comforted by receiving a cheque for $ 25,000 (about Rs 2,353,5ag00).
So how does the winners’ prize money of the Twenty-20 World Cup Cricket compare with those of other major sporting events. Unfortunately, not very favourably. The FIFA World Cup Soccer 2010, Champions Spain, took away $30 million dollars. The club winning the Europe’s regional Champions League is awarded a whopping $170. In golf’s richest event – the FedEx Cup – champions walks away with a $10 million payout. Horse-racing’s Dubai World Cup Night pays the winner $22 million. One of the few major sports which compares to World Cup Cricket in terms of prize-money budget is Grand Slam Tennis, which awards $1.5-2 million to its individual winner.
THE PRIZE MONEY AT THE TWENTY-20 WORLD CUP 2012:
Winning Team $ 1,000,000 Rs 94,540,000
Runner up $ 500,000 Rs 47,270,000
Semi-final Losers $ 250,000 Rs 23,635,000
Semi-final Losers $ 250,000 23,635,000
Winner of each super eight match $ 42,000 Rs 3,970,680
Winner of each 1st round match $ 20,500 Rs Rs 1,938,070
Total $ 2,750,000 Rs 259,985,000
